Under Armour Inc

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In the latest second-quarter filings from US apparel and footwear brands and retailers, VF Corp raised its full-year guidance on strong sales and earnings, while L Brands reported a 28.7% drop in earnings, and Urban Outfitters achieved record second-quarter sales and a jump in profit.>

In the latest first-quarter filings from US apparel and footwear brands and retailers, PVH Corp saw revenues exceed guidance thanks to strength across the business, while Guess saw continued momentum in Europe and Asia push earnings and sales up in the three months ended 5 May. Dick's Sporting Goods raised its full-year outlook and Destination XL narrowed its net losses.>

Although Under Armour's fourth-quarter is an improvement on its last, one analyst says the US sportswear brand is still showing signs of a company in difficulty, particularly in North America - the main source of the firm's woes.>

US sportswear brand Under Armour has become the latest apparel retailer to launch an online subscription service that sees its customers sent boxes of handpicked items, customised to their specific training needs and personal style.>

In the most recent second-quarter filings from US apparel and footwear brands and retailers, PVH upped its full-year guidance based on strong second-quarter results, while Guess saw its results boosted by solid growth in both Europe and Asia. Oxford Industries, meanwhile, saw mixed results as earnings fell but sales edged up.>

As part of its plans to build a stronger and smarter company with faster go-to-market speed and greater digital capabilities, Under Armour has opened a dedicated global innovation hub for footwear design in Portland, Oregon.>

As Under Armour's rapid growth trajectory starts to ease up, the athletic wear maker is now looking to position itself as a more responsive organisation, capable of fuelling and self-funding its growth more effectively.>

In the most recent first-quarter filings from US apparel and footwear brands and retailers, G-III Apparel moved to a loss on acquisition charges, while Guess saw earnings fall on soft Americas sales. Kate Spade, meanwhile, saw earnings slump on the back of sales declines, while Hudson's Bay recorded comparable store declines on the back of lower domestic store traffic across all banners. >

In the most recent fourth-quarter filings from US apparel and footwear brands and retailers, Destination XL moved to a profit but booked lower sales, while Caleres moved to a loss in the quarter. VF Corporation, meanwhile, revealed a fall in both sales and earnings for the quarter, while Stein Mart moved to a loss as a result of "aggressive" promotions. >

Athletic wear maker Under Armour has launched its first made-in-the-USA capsule apparel collection, produced at its state-of-the-art UA Lighthouse design and manufacturing innovation hub in Baltimore.>

A local-for-local manufacturing vision, expansion in Asia, robotic warehousing and automated delivery systems helped lift some retailers during 2016, but concerns over conditions and working practices, store closures and bankruptcies weighed on others.>

In the most recent third-quarter filings from US apparel and footwear brands and retailers, Sears Holdings remained optimistic despite widening its net losses, while Vince Holding blamed challenging conditions and warm weather for a fall in both earnings and sales. Abercrombie & Fitch, meanwhile, revealed a "disastrous" quarter as sales fell and earnings plummeted 80%, while American Eagle Outfitters booked record sales and its 9th consecutive quarter of profit improvement.>

US sportswear giant Under Armour says it wants to propel its brand into the future through a new state-of-the-art Lighthouse manufacturing innovation facility that brings new opportunities in local-for-local manufacturing and customised products. Described by the group as its "magic bullet" and barely three months old, there are already plans for a second centre – and for the launch of several contract factories next year.>

Performance footwear and apparel brand Under Armour has taken a much-anticipated step to broaden its appeal to a more mainstream audience with its new Under Armour Sportswear brand – or what the company describes as ‘Modern American Sportswear.’>